History of Nanotechnology - Initial Commercial Applications

Initial Commercial Applications

Further information: List of nanotechnology applications

The early 2000s saw the beginnings of the use of nanotechnology in commercial products, although most applications are limited to the bulk use of passive nanomaterials. Examples include titanium dioxide and zinc oxide nanoparticles in sunscreen, cosmetics and some food products; silver nanoparticles in food packaging, clothing, disinfectants and household appliances such as Silver Nano; carbon nanotubes for stain-resistant textiles; and cerium oxide as a fuel catalyst. As of March 10, 2011, the Project on Emerging Nanotechnologies estimated that over 1300 manufacturer-identified nanotech products are publicly available, with new ones hitting the market at a pace of 3–4 per week.

The National Science Foundation funded researcher David Berube to study the field of nanotechnology. His findings are published in the monograph Nano-Hype: The Truth Behind the Nanotechnology Buzz. This study concludes that much of what is sold as “nanotechnology” is in fact a recasting of straightforward materials science, which is leading to a “nanotech industry built solely on selling nanotubes, nanowires, and the like” which will “end up with a few suppliers selling low margin products in huge volumes." Further applications which require actual manipulation or arrangement of nanoscale components await further research. Though technologies branded with the term 'nano' are sometimes little related to and fall far short of the most ambitious and transformative technological goals of the sort in molecular manufacturing proposals, the term still connotes such ideas. According to Berube, there may be a danger that a "nano bubble" will form, or is forming already, from the use of the term by scientists and entrepreneurs to garner funding, regardless of interest in the transformative possibilities of more ambitious and far-sighted work.

Read more about this topic:  History Of Nanotechnology

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